VIC has seen average median house prices change by -1.69% which means that Richmond, 3121 has not done well for property investors by showing a capital gain of -9.94% over the last year
A 24.64% growth in median value for property investors in Richmond,3121 puts this suburb at number 525th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.82% offered to property buyers. Sellers in Richmond itself are offering an average vendor discount of -4.38% to real estate investors.
Residents and property investors in Richmond have been waiting around 44.471 days to sell a property.
Advertised rents are around the $680 mark per week – giving a return of 3.03% based on the median price in Suburb
VIC has seen average median house prices change by 0.10% which means that Richmond, 3121 has done well for property investors by showing a capital gain of 2.46% over the last year
Richmond,3121 has offered an average of 2.46% return per annum in house price rises to property investors over the last three years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.24% offered to property buyers. Sellers in Richmond itself are offering an average vendor discount of -5.89% to real estate investors.